Top 100 Quotes On The Great Depression
#1. If you had asked people in 1929, 'Here is what is about to happen. How much would you pay to avoid the Great Depression from occurring?' The answer is they would have paid a lot. They would have borrowed money if it could be used to prevent the Great Depression.
Austan Goolsbee
#2. One loves and is loved in great pain, and one is alive in the experience of it. It is the walking-death quality of depression that I have tried to eliminate from my life;
Andrew Solomon
#3. The Great War proved how confused the world is. Depression is proving it again.
Anne Sullivan
#4. The Federal Reserve the privately owned U.S. central bank definitely caused The Great Depression by contracting the amount of currency in circulation by one third from 1929 to 1933.
Milton Friedman
#5. The current moral decay perceived in society has often been blamed on the lack of God in the public schools. During the Great Depression God was prominent in the schools, hence She must have caused the depression. Challenge my logic.
Eric Welch
#6. For the immediate future, at least, the outlook (stocks) is bright.
Irving Fisher
#7. World War II ended the Great Depression with one of the great public-private industrial collaborations in the history of man.
Jon Meacham
#8. I am, as it happens, a baby boomer, but not one who feels any broad-gauge nostalgia for the '60s and '70s. My attitude resembles that of my parents, who were born in the '20s and lived through the Great Depression and World War II.
Terry Teachout
#9. Ever since the Great Depression, economists have known that demand shortages tend to persist in the wake of severe financial crises like the ones that happened in 1929 and 2008.
Bob Frank
#10. Whatever change you desire for the world, create that change in your own life. You are here for a purpose. Seek it out. Hunt it down. The greatest misery is to be purposeless. The great depression of our age is not economic, but spiritual. Our spiritual poverty is rooted in our purposelessness.
Matthew Kelly
#11. When I was a kid, all of the parents and grandparents came out of the Depression Era. They were all freezing bread in their freezer, they were covering their sofas with plastic, and they had plastic runners on the floor. There was a great distance between them and anything authentic.
Lance Henriksen
#12. I can't speak. There are too many negatives. Too many questions...And all the things these hard times have taken from me. All the things I've had to give up.
Except, perhaps, my dreams.
Katherine Longshore
#13. You could argue that Barack Obama faced in '08 a situation as bad as any president since the Great Depression. What Obama inherited from the Bush administration, we all remember, was just an absolute global catastrophe.
Tony Kushner
#14. But despite historic levels of obstruction, President Obama was able to bring the economy back from the verge of a second Great Depression.
Steny Hoyer
#15. From a generation that came of age during the Great Depression, millions of our country's best and bravest took up arms in a worldwide struggle against tyranny.
Steve Buyer
#16. I don't think that any economist disputes that we're in the worst economic crisis since the great depression. The good news is that we're getting a consensus around what needs to be done.
Barack Obama
#17. In his second Inaugural Address, on March 5, 1821, Monroe admitted at last to a general depression of prices, but only as a means of explaining the great decline in the federal revenue. Despite this, he asserted that the situation of America presented a 'gratifying spectacle.'
Murray Rothbard
#18. With great profundity I note the pleasure one gets or takes in pushing wheeled objects, as opposed to the depression involved in pulling them.
Michael Cisco
#19. Can't you do just a little bit more?
pleading with Nazarenes in the 1930's Great Depression to support their missionaries)
J.G. Morrison
#20. During the Great Depression, the philosophy of grin-and-bear-it became a national coping mechanism.
Maureen Corrigan
#21. Looking to the future I see in the further acceleration of science continuous jobs for our workers. Science will cure unemployment.
Charles M. Schwab
#22. The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters.
James Tobin
#23. The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
Milton Friedman
#24. Indeed, the FHA was born out of the Great Depression, which was also caused in significant part by a foreclosure crisis. Mortgages in the early 1930s were mostly three- to five-year 'bullet' loans, which did not amortize and were due in full at maturity.
Mark Zandi
#26. After the war, Prohibition was passed, and with liquor no longer legally available the nation plunged headlong into the Great Depression.
Dave Barry
#27. Once supply begins to dwindle, the years to follow will see shortages that at best will cause global recession, possibly worse than the 1930s Great Depression, ... war, famine, pestilence and death.
Kenneth S. Deffeyes
#28. This crisis of long-term unemployment is having a profoundly damaging impact on the lives of those bearing the brunt of it. We know this thanks to a series of careful studies of the problem conducted in the depths of the 1930s Great Depression.
Barry Eichengreen
#29. The year of my birth, 1940, was the fulcrum of America in the twentieth century, when the nation was balanced precariously between the darkness of the Great Depression on one side and the storms of war in Europe and the Pacific on the other.
Tom Brokaw
#30. As a young man, I lived through the Great Depression, when banks failed and so many lost their jobs and homes and went hungry. I was fortunate to have a job at a canning factory that paid 25 cents an hour.
James E. Faust
#31. My parents survived the Great Depression and brought me up to live within my means, save some for tomorrow, share and don't be greedy, work hard for the necessities in life knowing that money does not make you better or more important than anyone else. So, extravagance has been bred out of my DNA.
David Suzuki
#32. I think what happened during the Great Depression was that African Americans understood that Republicans championed citizenship and voting rights but they became impatient for economic emancipation.
Rand Paul
#34. My parents were both in the army for 20 years and then worked in government departments; but they had gone through the Great Depression and known lean times. They always remained extremely frugal and lived far below their means.
Veronica Webb
#35. New Dealers always seemed to be comparing actual capitalism with ideal government. They judged capitalism by its apparent effects and government by its announced intentions
Jim Powell
#36. People who think that Sylvia Plath was a poor, sensitive poet are not getting that she had great amounts of ambition and anger that moved her along, or she wouldn't have been able to fight against that depression to produce such an incredible body of work by the age of thirty.
Elizabeth Wurtzel
#37. I grew up in the 1930s Great Depression when many families struggled to make ends meet, and in an area where old-fashioned country gospel music was popular. Later, as an adult with a more mature outlook on Christianity, I realized that a lot of that music was rather shallow.
Jerry Bridges
#38. During the Great Depression, African Americans were faced with problems that were not unlike those experienced by the most disadvantaged groups in society. The Great Depression had a leveling effect, and all groups really experienced hard times: poor whites, poor blacks.
William Julius Wilson
#39. Our whole Depression was brought on by gambling, not in the stock market alone but in expanding and borrowing and going in debt ... all just to make some easy money quick.
Will Rogers
#40. The downturn following the collapse of Japan's so-called bubble economy of the 1980s was not as severe as the Great Depression.
Ben Bernanke
#41. The decline is in paper values, not in tangible goods and services ... America is now in the eighth year of prosperity as commercially defined. The former great periods of prosperity in America averaged eleven years. On this basis we now have three more years to go before the tailspin.
Stuart Chase
#42. My parents were children during the Great Depression of the 1930s, and it scarred them. Especially my father, who saw destitution in his Brooklyn, New York neighborhood; adults standing in so called 'bread lines,' children begging in the streets.
Bill O'Reilly
#43. But through world wars and a Great Depression, through painful social upheaval and a Cold War, and now through the attacks of September 11, 2001, our Nation has indeed survived.
Nick Rahall
#44. I felt a great depression, probably because I never believed that anything would continue, would hold. I never thought my advance would maintain its ground. I always thought there would be a collapse immediately after the advance.
Tennessee Williams
#45. The singer-songwriter has always played music that was stylistically rooted in the '30s and the Great Depression and the Dust Bowl. But the fact of the matter is that none of us remember the Depression firsthand.
Steve Earle
#46. An event of great agony is bearable only in the belief that it will bring about a better world. When it does not, as in the aftermath of another vast calamity in 1914-18, disillusion is deep and moves on to self-doubt and self-disgust.
Barbara W. Tuchman
#48. Men and women whose early youth was shaped in the ordeal of the Great Depression showed the values formed in that crucible when tyranny threatened a world.
Steve Buyer
#49. No one can possibly have lived through the Great Depression without being scarred by it. No amount of experience since the depression can convince someone who has lived through it that the world is safe economically.
Isaac Asimov
#50. The 24% unemployment reached at the depths of the Great Depression was no picnic.
Barry Eichengreen
#51. Because its hard to realize now that that was the end of the great depression, you know. All of a sudden all of this is in front of me and I'm solvent, you know. I'm making some money and I know where my next meal is coming from, and I have a new pair of shoes and that's it.
Robert McCloskey
#52. This is the difference between depression and sorrow - sorrowful, you are in great trouble because something matters so much; depressed, you are miserable because nothing really matters.
J. E. Buckrose
#53. I am worried that the collapse of home prices might turn out to be the most severe since the Great Depression.
Robert J. Shiller
#54. Although I was not aware of it at the time, the experience of growing up during the Great Depression was to have a profound impact on my intellectual and professional career.
Lawrence R. Klein
#55. A middle child, I was born in the depths of the Great Depression. My dad and mom were factory workers, struggling to make ends meet.
Dennis L. McKiernan
#56. We were growing up in West Virginia. Everybody was poor there in the southern part of the state. It was like growing up in the Great Depression from the stories I hear people tell. Everybody was poor and so we didn't know that we were any different from anybody else.
James Green Somerville
#57. I grew up in an era of pretty severe poverty. My parents weathered the Great Depression, and money was always a very big concern. I was weaned on a shortage mentality and placed in foster homes largely because there simply wasn't enough money to take care of the most basic of needs.
Wayne Dyer
#58. The minimum wage is something that F.D.R. put in place a long time ago during the Great Depression. I don't think it worked then. It didn't solve any problems then and it hasn't solved any problems in 50 years.
John Raese
#59. America had been a boom-and-bust economy going into the Great Depression - just over and over and over, fortunes were wiped out, ordinary families were crushed under it.
Elizabeth Warren
#60. Facts are facts: No president since Franklin Delano Roosevelt in the Great Depression inherited a worse economy, bigger job losses or deeper problems from his predecessor. But President Obama is moving America forward, not back.
Martin O'Malley
#61. There was something superficial in attributing anything so awful as the Great Depression to anything so insubstantial as speculation in common stocks.
John Kenneth Galbraith
#62. We certainly had an upheaval at the start of the Great Depression, and that resulted in a lot of financial reform, but it wasn't done in one stroke, and it wasn't done immediately. The Depression was in 1929 and resulted in the Securities and Exchange Act of '33, '34, '35, '37, '39, and '41.
Lloyd Blankfein
#63. After clearing the land, planting the orchard, building the house and barn, and surviving the Great Depression, our father died suddenly one winter night when we were small, leaving us to learn about loss before we even knew its name.
Virginia Euwer Wolff
#64. Your grandparents came of age in the Great Depression, when everyday life was about deprivation and sacrifice, when the economic conditions of the time were so grave and so unrelenting it would have been easy enough for the American dream to fade away.
Tom Brokaw
#65. I'm not sure whether I've been happy. After my last book tour, I sat on my balcony with a cup of tea. I thought: 'You can't rewind the movie. I've spent more than half my life in the Middle East. There have been great moments of horror and depression and loneliness.'
Robert Fisk
#66. Depression is a devastating illness, causing great suffering in the afflicted and anxiety to their nearest and dearest: it can hit at any age.
John Cornwell
#67. It is still possible to find people who believe that government policy did not end the Great Depression and undergird the Great Prosperity, just as it is possible to uncover people who do not believe in evolution.
Robert B. Reich
#68. I think that when the education system started to be dismantled during the first Great Depression in the 1930s, we didn't recover from that.
Wynton Marsalis
#69. The great grey beast February had eaten Harvey Swick alive.
Clive Barker
#70. The minimum wage was enacted in 1937 during the Great Depression and it has been increased 16 times. It's a well-established economic policy to help families.
John Freeman
#71. Market capitalism survived and prospered after the boom-bust industrial revolution of the 19th century, and the Great Depression and world wars of the 20th century. It will recover from the financial panic of 2008-09 and Obamanomics.
Mark Skousen
#72. My parents, products of the Great Depression, were successful people, but lived in a state of constant fear that my sister and I, and they, would sink into the kind of economic insecurity that their generation knew so well.
Ben Stein
#73. Victimhood and a 'can't do' spirit is what the Democratic Party has mostly been about since the Great Depression.
Cal Thomas
#74. The greatest and the best Christians when they are physically weak are more prone to an attack of spiritual depression than at any other time and there are great illustrations of this in the Scriptures.
Martyn Llyod-Jones
#75. I felt suicidal. I couldn't stop crying. I remember thinking, wouldn't it be great if the car crashed and I died?
Melinda Gates
#76. Everything I learned about the Great Depression was from a college textbook.
Ralph Abernathy
#77. Burlesque thrived during the Great Depression, and by extension, so, too, did Gypsy [Rose Lee]. Men could no longer afford to pay $5.50 to see a show on Broadway, but they could scrape together $1.00 for a matinee at a burlesque house.
Karen Abbott
#78. As a young girl, I saw commitment in my grandmother, who helped Grandpa homestead our farm on the Kansas prairie. Somehow they outlasted the Dust Bowl, the Depression, and the tornadoes that terrorize the Great Plains.
Sheri L. Dew
#79. I was born January 6, 1937, eight years after Wall Street crashed and two years before John Steinbeck published The Grapes of Wrath, his Pulitzer Prize-winning novel about the plight of a family during the Great Depression.
Lou Holtz
#80. The remedy [for the Great Depression] is to give the workers access to the means of production, and let them produce for themselves, not for others, ... the American way.
Upton Sinclair
#81. Nobody can go back to how it was. The dust bowl dried us all up bitter as seeds and spat us out all over the land and none of us yet has taken root.
Katherine Longshore
#82. American labor may now look to the future with confidence.
James J. Davis
#83. The first decade of the twenty-first century was a crazy bookend to the twentieth, opening with a second Pearl Harbor and ending with a second Great Crash, with a second Vietnam wedged in between. Now we seem caught in the coils of a second Great Depression.
David Frum
#84. I was born illegitimately and almost immediately, as I understand it, placed in an orphanage. So my very earliest memories were in an orphanage. It was the tag end of the Great Depression when I was born. People were desperately poor.
Bryce Courtenay
#85. Dodd-Frank is the most restrictive financial regulation since the Great Depression - but it won't stop another bubble.
Ziad K. Abdelnour
#86. It's almost worth the Great Depression to learn how little our big men know.
Will Rogers
#87. I was raised in the Depression, when there was a great sense of dog-eat-dog and people fighting over scraps.
John Updike
#88. Great thoughts of your sin alone will drive you to despair; but great thoughts of Christ will pilot you into the haven of peace.
Charles Haddon Spurgeon
#89. The Recovery Act, which helped saved the economy and prevented us going into the Great Depression, was the largest investment in green technology, the largest investment in education. We rebuilt roads and bridges.
Barack Obama
#90. I think there is universal agreement within the economics profession that the decline - the sharp decline in the quantity of money played a very major role in producing the Great Depression.
Milton Friedman
#91. The Government's business is in sound condition.
Andrew Mellon
#92. What the market is doing is going through a correction, which it really needed. It's getting down to where it's reasonable.
Ted Martinez
#93. Investing in auto companies and ensuring a financial collapse didn't lead not from a recession to a great depression may not have been the most popular thing to do, but it was the right thing to do.
Robert Gibbs
#94. The money cost of the reservoir plan literally fades into insignificance when it is compared with the financial burden which the great depression imposed on the nation.
Benjamin Graham
#95. In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the Great Depression.
Janet Yellen
#96. I was born in Chicago in 1927, the only child of Morris and Mildred Markowitz, who owned a small grocery store. We lived in a nice apartment, always had enough to eat, and I had my own room. I never was aware of the Great Depression.
Harry Markowitz
#97. September and October of 2008 was the worst financial crisis in global history, including the Great Depression,
Ben Bernanke
#98. Although the United States, with its unit banking laws, had thousands of bank failures, Canada, which permitted branch banking, didn't have a single failure during the Great Depression.
Jim Powell
#99. In his first term, President Barack Obama played a cautious manager navigating the worst economic disaster since the Great Depression and cleaning up the messes left by President George W. Bush in Iraq and Afghanistan.
Kevin O'Leary
#100. I never thought getting older would be so great. But when it comes to depression, I have experienced less the older I've gotten.
Amy Grant
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